Which statement is true about letters of credit?
OA. They are described in Article 4A of the UCC.
B. They are frequently used by new businesses.
C. They are issued by businesses to banks.
OD. They are used only for domestic transactions

Question

02-05-2022
Business

Answered

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Which statement is true about letters of credit?
OA. They are described in Article 4A of the UCC.
B. They are frequently used by new businesses.
C. They are issued by businesses to banks.
OD. They are used only for domestic transactions

Sagot :

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